Accounts and Finance Officer HEM Grand Sector, TMSS

Job Description

Title: Accounts and Finance Officer HEM Grand Sector, TMSS

Company Name: TMSS HEM

Vacancy: 01

Age: Na

Job Location: Bogura, Naogaon, Rajshahi, Rangpur

Salary: --

Experience:

Published: 2024-09-09

Application Deadline: 2024-09-21

Education:

· The ideal candidate should possess a minimum of a four-year undergraduate degree/ BCom. (pass) with master degree in Accounting or Finance from a UGC-approved university. (Third class or similar grade in any level of academic career is not acceptable.)

• Age: Maximum 45 years of age on the last date of application.
• The candidate should have a minimum of four (4) years of work experience in financial management within a reputable organization, preferably within development organizations in Bangladesh. (Only full-time work experience after graduation will be considered).
• Relevant working experience with PKSF or any project funded by multi-lateral development partners would be preferred.
• Good computer knowledge (MS office suite, typing both English and Bangla).

Job Context: TMSS is going to implement a sub-project titled “Promoting sustainable growth in automobile workshop by resource efficient practices” as a part of the ‘Sustainable Microenterprise and Resilient Transformation (SMART)’ project. This sub-project aims to increase resource-efficient and resilient green growth of microenterprises (MEs) under Automobile Workshop sub-sector. The project is jointly financed by the World Bank, Palli Karma-Sahayak Foundation (PKSF) and TMSS.

Job Responsibilities:

● Maintain sub-project accounts in accordance with International Accounting Standard (IAS), on a ‘going concern’ basis under Generally Accepted Accounting Principles;

● Maintain separate books of account on an accrual basis under historical cost convention;

● Prepare monthly/annual financial statements incorporating disclosure on income and expenditure, receipt and payment, and financial position of the sub-project along with other notes and relevant information;

● Monitor the flow of funds from the PKSF to sub-project and sub-project to microenterprise to ensure that appropriate procedures are followed;

● To ensure a smooth flow of funds from the sub-project to Microenterprise level for sub-project implementation;

● Ensure that adequate internal control and arrangement are in place for proper utilization, management, and accounting of funds;

● Prepare yearly/half-yearly detailed sub-project budget in line with the procurement plan and other relevant work plans;

● Prepare the budget of a new cost proposal, training, and other sub-project activities;

● Ensure that shared cost amounts are budgeted for each proposal of the sub-project;

● Prepare monthly financial report and half-yearly reimbursement bill for the sub-project;

● Ensure strong monitoring system of the sub-project through frequent field visits;

● Review external and internal audit report along with management letter of the sub-projects;

● Ensure that the project procurement rules are complied with the sub-project procurement;

● Prepare and regularly update the procurement plan(s);

● Manage logistics and procurements;

● Verifying current inventory levels and keeping records to prevent inventory gaps;

● Overseeing the day-to-day administrative tasks.

● Maintain the sub-project bank account and prepare monthly bank Reconciliation Statements;

● Maintain liaison and coordinate with SMART-PMU of PKSF regarding accounts and budget;

● Support internal audit section for internal audit and support external auditors with necessary information of the sub-project;

● Any other tasks, duties, or specific tasks assigned by the Project Manager and management of the [PO Name].

Salary:

● Monthly consolidated salary is BDT 50, 000/- (Fifty Thousand) Taka Only.

● Other admissible benefits (Festival Bonus, Bangla Noboborsho allowance, Mobile allowance, etc.) as per the Project policy.